For Sale: Columbia Heights MLS# 7140735
Active Contingent
NEW!
$447,500
Multi-family: Fourplex
7 br • 4 ba • Built 1960
3,021 sqft • 0.14 acres
Columbia Heights schools
MLS# 7140735
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Property Description
Income-producing fourplex in a convenient Columbia Heights location. This well-maintained property features a durable stucco and brick exterior and a practical unit mix of one studio and three two-bedroom units. The building is fully occupied and generating rental income, making it an excellent opportunity for an investor or owner-occupant looking to build equity while offsetting housing costs with rental income.
Designed with functionality in mind, the property offers updated electric panels with separate services for each unit, on-site laundry, and a dedicated storage unit for each apartment. Off-street parking is available, with abundant additional street parking for residents and guests.
Located close to bus lines, local shopping, restaurants, and everyday amenities, this is a convenient and accessible location for tenants. A true workhorse property with a solid unit mix, desirable amenities, and consistent income-producing potential. Whether you’re expanding your investment portfolio or looking to live in one unit while renting the others, this fourplex offers flexibility and opportunity in Columbia Heights.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$447,500
Price per sq ft:
$148
Property Type:
Multi-family
City:
Columbia Heights
Garage Spaces:
0
County:
Anoka
Year Built:
1960
State:
MN
Property Style:
Fourplex
Zip Code:
55421
Subdivision Name:
Sheffields 2nd Sub
Interior
Bedrooms:
7
Bathrooms:
4
Finished Area:
3,021 ft2
Living Area:
3,021 ft2
Refrigerators:
Four
Basement Details:
Full
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
1,660 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
Asphalt
Shared Amenities:
- Coin-op Laundry Owned
- Laundry
Pool:
None
Roof Details:
- Age Over 8 Years
- Asphalt
Rooms
Laundry:
- Laundry Room
- Lower Level
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.14
Geolocation:
45.053462, -93.245219
Lot Dimensions:
55 x 128
Zoning:
Residential-Multi-Family
Schools
School District:
13
District Phone:
7635284500
Expenses
Annual Caretaker Expense:
$1
Annual Electric Expense:
$1
Annual Fuel Expense:
$1
Annual Insurance Expense:
$1
Annual Maintenance Expense:
$1
Annual Trash Expense:
$1
Annual Water/Sewer Expense:
$1
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,354
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$1
Income
Annual Gross Income:
$53,544
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.